Hi,
I am trying to find out as much information as I can on a houseboat loan. A home equity loan is not an option so I would like to find out what kind of terms I could expect if I were to buy a used houseboat (under 10 years old). With a credit score in the high 600s, what kind of interest rate and loan length could I expect? How much down is required? Also, what are some of the bigger, more reputable names of lenders?
Thank you!
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Show me another »Need info on a used houseboat loan including reputable lender and terms?
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Answerer 1
Check with the lenders who advertise on Boat Trader. You need a boat loan... no real estate company will talk to you . Boat loans are a very specialized type of loan.Sign in to vote!
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